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The Weekly News Update is a weekly
roundup of business news from around the Asia-Pacific region,
covering Fusion Consulting's core industry practices: chemicals,
consumer & retail, financial services, industrial &
logistics, information & communication technology, life science
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2008
Asia-Pacific pay-TV operators survey, 4th
edition Programmers, find out what the
major cable, satellite and IPTV platforms in Asia and
Australia think about your channels and support, their
programming plans and their hopes and fears for the
future of the industry. This survey
targets programming managers at 50 major carriers in
16 countries across the region, focusing on the
largest players in each country. In cooperation with ContentAsia. Request more information.
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China - Internet
users reach 210 million Source: China Economic
Review, 21 January 2008
China's internet population has soared to 210 million
people by the end of 2007, putting it on track to surpass the US
online community this year to become the world's largest. The China
Internet Network Information Center said the online population grew
53%, from 137 million reported at the same time in 2007. According
to the government's Xinhua News Agency, China is only five million
behind the US.
China is already the No.1 nation for mobile phones, with
users numbering 539.4 million at the end of November 2007. Internet
use in rural areas was up 127.7% year-on-year to 52.6 million.
China's total number of online gamers rose 23% to 40.17 million in
2007 with sales growing 61.5% to US$1.46 billion.
China - Arrivals to Chinese
SARs to rise in 2007 Source: Xinhua, 20 January
2008
The number
of Chinese mainland tourists to Hong Kong and Macau was expected to
grow by 10% and 20%, respectively, in 2007. The China National
Tourism Administration expects visitor arrivals to Hong Kong and
Macao to reach 15.5 million and 12 million, respectively, in 2007.
The extension of the "Individual Visitor Scheme", which allows
residents of 49 mainland cities to visit the two SARs in their
individual capacity, has fuelled growth.
Meanwhile, Macau is expected to surpass
Hong Kong as a tourist destination. The total number of visitors to
Macau surged 22.7% to more than 27 million arrivals in 2007. Hong
Kong recorded 28 million visitor arrivals in 2007, up 10% on 2006.
If growth rates are maintained, Macau will take the lead in
2008.
Korea - Media convergence
put on fast track Source: Korea Herald, 18
January 2008
Korea plans to deregulate the broadcasting and
communication sector to fuel its growth. The Korea Broadcasting
Commission, which manages broadcasting policies and regulations,
will absorb telecommunications-related functions of the Ministry of
Information and Communications. Incoming president Lee Myung-bak
claimed that Korea is 5-10 years behind other advanced countries in
the convergence of broadcasting and telecommunications.
The decision to
create the Broadcasting-Communications Commission is seen as a boon
to telecom players. Commercialised IPTV is the subject of eager
anticipation by telecom players as it represents a
broadcasting/telecom convergence business model through which to
create new streams of revenue.
View an example of our experience in this
industry.
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Fusion Consulting is a
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Asia-Pacific markets. With offices in Shanghai, Singapore and Hong Kong and
400 industry consultants in 16 countries, we conduct custom research
and consulting to help companies understand their markets, compete more
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